MercoPress, en Español

Montevideo, November 20th 2018 - 13:58 UTC

Tag: UK households

  • Tuesday, July 24th 2018 - 06:35 UTC

    Some eight million of UK “just managing families” no better off than in 2003

    In 2003, households on the lower half of incomes typically earned £14,900. In 2016/17 that figure had fallen to £14,800, the research shows

    Millions of “just about managing” families are no better off today than those in 2003, new research from the UK's Resolution Foundation indicates. The remarkable income stagnation for so many reveals that the British economy has been failing to generate income for people over many years despite record levels of people in work.

  • Friday, February 9th 2018 - 10:45 UTC

    Bank of England expects pace of interest rate increases to accelerate

    Bank of England said rates would need to rise “earlier” and by a “somewhat greater extent” than they thought at their last review in November.

    The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, they said rates would need to rise “earlier” and by a “somewhat greater extent” than they thought at their last review in November. Economists think the next rate rise could come as soon as May.